Claims Journal Reports That Several Insurance Commissioners Are Wary of Business Interruption COVID-19 Claims

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In The News | 1 min read

Apr 30, 2020

Jim Sams of the Claims Journal reported on a series communications by insurance commissioners in Georgia, Kansas, Louisiana, Maryland, Mississippi, North Carolina, West Virginia and the District of Columbia. He explained how all of them expressed various degrees of doubt as to whether business interruption coverage is owed for losses caused by coronavirus shutdowns. The article was later republished by sister publication Carrier Management Journal.

Sams cited as his source a Hinshaw advisory titled "State Insurance Commissioners Weigh In On Business Interruption Coverage for COVID-19 Losses."

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"Several Insurance Commissioners Wary of Business Interruption COVID-19 Claims" was published by Carrier Management Journal, April 30, 2020, and Claims Journal, April 28, 2020.

Hinshaw & Culbertson LLP is a U.S.-based law firm with offices nationwide. The firm's national reputation spans the insurance industry, the financial services sector, professional services, and other highly regulated industries. Hinshaw provides holistic legal solutions—from litigation and dispute resolution, and business advisory and transactional services, to regulatory compliance—for clients of all sizes. Visit www.hinshawlaw.com for more information and follow @Hinshaw on LinkedIn and X.